Market Forecast by Countries (United States, Canada), By Application (Impact Modifier, Wire , Cable Jacketing, Hose & Tubing, IR ABS, Adhesives, Magnetics, Others), By Grade (CPE 135A, CPE 135B, Others) And Competitive Landscape
Product Code: ETC4622282 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Chlorinated Polyethylene Market |
Forecast Period | 2025-2031 |
Forecast Size | USD 6.4 million By 2031 |
CAGR | 0.085 |
Growing Sector | Construction |
North America Chlorinated Polyethylene Market report thoroughly covers the market By Countries, By Application and By Grade. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Chlorinated Polyethylene Market was valued at USD 1.8 million and is expected to reach USD 6.4 billion , growing at a CAGR of around 8.5% from 2025-2031. The growth of the market can be attributed to the increasing demand for chlorinated polyethylene in various applications such as construction, automotive, and electrical industries.
The North America chlorinated polyethylene (CPE) market is experiencing steady growth, driven by its versatile applications across industries such as construction, automotive, electrical, and industrial manufacturing. CPE is widely used as an impact modifier in rigid plastic applications, such as PVC pipes and fittings, and as a base material in flexible applications like roofing membranes, wire insulation, and hoses. Its excellent properties, including chemical resistance, weatherability, flame retardancy, and impact strength, make it a preferred material for various demanding applications.
The construction sector remains a key driver of demand, particularly due to the rising adoption of CPE in weatherproofing and roofing solutions. Additionally, the automotive industry contributes to market growth through the use of CPE in seals, gaskets, and protective covers. The increasing focus on sustainable and durable materials has further bolstered the demand for chlorinated polyethylene, as it offers long-lasting performance under extreme environmental conditions.
According to 6Wresearch, the North America chlorinated polyethylene (CPE) Market size is projected to grow, reaching at a CAGR of 8.5% during the forecast period of 2025-2031. Increasing investments in infrastructure and construction projects, coupled with the growing demand for durable and sustainable materials, are expected to drive market growth. The rising use of CPE in the production of cables and wires, as well as in the electrical insulation industry, is also expected to contribute to market expansion.
In recent years, there has been a growing trend towards the use of bio-based and sustainable materials in various industries. This trend has also extended to the chlorinated polyethylene market, as manufacturers are increasingly incorporating bio-based raw materials in their production processes. Additionally, advancements in technology have led to the development of new grades of CPE with improved properties and performance, further expanding its applications.
Furthermore, increasing government regulations and initiatives promoting the use of eco-friendly materials are expected to drive the growth of the North America chlorinated polyethylene market. For instance, in 2019, California passed a law mandating that all single-use plastics be made from at least 15% recycled content by 2022 and 25% by 2025. This has led to a surge in demand for sustainable materials such as CPE, which can be recycled and reused without compromising on quality.
The growing demand for chlorinated polyethylene in various industries presents numerous investment opportunities for market players. With the increasing focus on sustainability and environmental responsibility, investing in bio-based CPE production processes can be a lucrative opportunity. Additionally, expanding into new application areas such as medical devices and consumer goods can also drive growth and profitability.
Moreover, collaborations with key players in the construction industry to develop innovative CPE solutions that meet the changing demands of the market can also present significant investment prospects. As governments worldwide continue to push for stricter regulations on building materials, there is a growing need for sustainable and durable options like CPE in the construction sector.
Some of the leading players operating in the North America chlorinated polyethylene market include Dow Chemical Company, Lanxess AG, Arkema S.A., Gaoxin Chemical, Showa Denko K.K., and Weifang Yaxing Chemical Co. Ltd. These companies are adopting various strategies such as mergers and acquisitions, partnerships, and new product launches to expand their market share and stay competitive in the industry.
The North America chlorinated polyethylene market is highly regulated, and manufacturers must adhere to strict guidelines pertaining to production processes, handling, and disposal of CPE. Government bodies such as the Environmental Protection Agency (EPA) have set specific standards for the use of chlorinated polyethylene in various industries. These regulations ensure safe production and usage of CPE, promoting its growth in the region.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, the US is expected to hold the largest market share in North America chlorinated polyethylene (CPE) market during the forecast period owing to increasing investments in infrastructure and construction projects, coupled with strict regulations for sustainable building materials. Additionally, the presence of major manufacturers and advancements in technology are also contributing to market growth.
The wire and cable jacketing segment is expected to dominate the North America chlorinated polyethylene market during the forecast period. This can be attributed to the growing demand for CPE in the production of durable and weather-resistant wires and cables, especially in the automotive and construction industries. The impact modifier segment is also expected to witness significant growth due to its increasing use in various end-use applications such as roofing membranes, wire insulation, and hoses.
According to the market segmentation analysis, CPE 135A is expected to dominate the North America chlorinated polyethylene market during the forecast period. This grade offers excellent properties such as weather resistance, heat aging, and oil resistance, making it suitable for various applications in industries such as automotive, construction, and packaging. However, with advancements in technology and increasing demand for specific properties, other grades of CPE such as CPE 135B are also expected to witness substantial growth opportunities.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Chlorinated Polyethylene Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Chlorinated Polyethylene Market Revenues & Volume, 2021 & 2031F |
3.3 North America Chlorinated Polyethylene Market - Industry Life Cycle |
3.4 North America Chlorinated Polyethylene Market - Porter's Five Forces |
3.5 North America Chlorinated Polyethylene Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Chlorinated Polyethylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 North America Chlorinated Polyethylene Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 North America Chlorinated Polyethylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Chlorinated Polyethylene Market Trends |
6 North America Chlorinated Polyethylene Market, 2021 - 2031 |
6.1 North America Chlorinated Polyethylene Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2 North America Chlorinated Polyethylene Market, Revenues & Volume, By Grade, 2021 - 2031 |
7 United States Chlorinated Polyethylene Market, 2021 - 2031 |
7.1 United States Chlorinated Polyethylene Market, Revenues & Volume, By Application, 2021 - 2031 |
7.2 United States Chlorinated Polyethylene Market, Revenues & Volume, By Grade, 2021 - 2031 |
8 Canada Chlorinated Polyethylene Market, 2021 - 2031 |
8.1 Canada Chlorinated Polyethylene Market, Revenues & Volume, By Application, 2021 - 2031 |
8.2 Canada Chlorinated Polyethylene Market, Revenues & Volume, By Grade, 2021 - 2031 |
9 North America Chlorinated Polyethylene Market Key Performance Indicators |
10 North America Chlorinated Polyethylene Market - Opportunity Assessment |
10.1 North America Chlorinated Polyethylene Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Chlorinated Polyethylene Market Opportunity Assessment, By Application, 2021 & 2031F |
10.3 North America Chlorinated Polyethylene Market Opportunity Assessment, By Grade, 2021 & 2031F |
11 North America Chlorinated Polyethylene Market - Competitive Landscape |
11.1 North America Chlorinated Polyethylene Market Revenue Share, By Companies, 2024 |
11.2 North America Chlorinated Polyethylene Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |